With home prices rising and mortgage rates increasing, Americans are finding it hard to make a home purchase a reality, which could pressure a whole group of potential buyers. The Wall Street Journal, citing data from CoreLogic, reported that about one in five mortgages made...
Opendoor Labs, the buyer and reseller of homes, is in discussions about raising $200 million in a fresh round of financing. The Wall Street Journal, citing people familiar with the company, reported Opendoor Labs would have a $2 billion valuation as a result. If it...
RealtyShares, a leading online marketplace for commercial real estate investing, announced it is now featured on the Airbnb site as a financing resource in its Multifamily Properties Toolkit. The toolkit provides owners, operators and developers of multifamily buildings with resources for long-term tenants who want...
Younger and minority populations have been disproportionately affected by the socioeconomic repercussions of the real estate crash and the tighter regulations in the mortgage industry. The Financial Times reported news that while homeownership peaked before the financial crisis due to a combination of readily available...
Industrial rents in already-expensive cities like Los Angeles and Boston are expected to get a boost because of weed startups, according to Bloomberg Markets. Space in those cities will be snapped up as part of a wave of pot legalization that was set in motion when eight...
Morty, the New York-based mortgage startup, has raised $3 million in venture funding, which it will use to make its new mortgage marketplace available to the masses. According to a report in TechCrunch, Morty aims to provide increased transparency and options for borrowers who are looking...
While the amount of money spent by first-time home buyers may cause financial concerns, purchasing a piece of property isn’t exactly getting any cheaper. With homes all over the country continuing their upward trajectory, many millennials are worried about whether or not they’ll ever be...
Signs indicate that U.S. buyers are feeling more optimistic about the housing market and the economy at large. The latest data released by the U.S. Census Bureau indicates that, for the first time in a decade, more people became homeowners than renters, suggesting to some...
Uber and Lyft, the ride-hailing apps taking cities by storm, is also having another positive impact: driving demand for real estate in certain neighborhoods. According to a report in TheStreet.com, Ryan Serhant, a real estate agent of the Serhant Team at Nest Seekers International and a star of...
